The domestic consumption of fluid milk in the Philippines is forecasted to grow steadily from 2024 to 2028, starting at 146.0 thousand metric tons in 2024 and reaching 167.0 thousand metric tons by 2028. In 2023, the recorded consumption was 140.0 thousand metric tons. This indicates a progressive increase in consumption volume with year-on-year variations showing an approximate 4.11% increase from 2023 to 2024, followed by around 4.11% for the subsequent years.

The compound annual growth rate (CAGR) for the period from 2024 to 2028 is projected to be around 3.41%. This indicates a consistent and moderate growth trend in the fluid milk domestic consumption in the Philippines.

Future trends to watch for:

Potential influences of consumer health trends and preferences towards dairy consumption.
The impact of local dairy production capabilities and import policies on supply and pricing.
Economic factors including household income levels, which could affect purchasing power and demand.